Which of the Following Would Not Typically Be Disclosed in the Notes

question 20

Multiple Choice

Which of the following would not typically be disclosed in the notes to the financial statements?

• A)Additional detail regarding numbers reported in the financial statements.
• B)A summary of significant accounting policies.
• C)Commitments under long-term supply agreements.
• D)The net income earned for the reporting period.

---

Definitions:

Staples

Metal wire or plastic pieces used to bind materials together, typically papers or the edges of wounds in medical suturing.

Central Route

A method of persuasion that involves careful and thoughtful consideration of the arguments presented, leading to lasting attitude change.

Persuasion

The act of convincing someone to do or believe something through reasoning or the use of another method.

Financial Investment

An allocation of resources, typically money, into assets or endeavors expected to generate financial returns or growth over time.